41 Lakeshore Dr Sagle, ID 83860
This exceptional investment opportunity presents a 30-room lakeside resort, The Lodge at Sandpoint, situated on 3.05 acres in Sagle, Idaho (83860). The four-story hotel, boasting 39,000 square feet, was built in 1925 and extensively renovated in 2007. Its prime location on the picturesque shores of Lake Pend Oreille offers breathtaking views and direct access to the lake. The property is zoned for commercial use and features a variety of accommodation options, designed for guest comfort and relaxation. The hotel benefits from the area's year-round appeal, attracting visitors with activities such as boating, fishing, hiking, and skiing. This fee-simple ownership offers a unique opportunity to acquire a well-established resort in a thriving tourist destination. The property's APN is RP0023401001B0A. This established business enjoys a strong reputation and benefits from the region's consistent popularity, making it an attractive investment for those seeking a profitable venture in the hospitality sector. The property's location at 41 Lakeshore Dr provides easy access to local amenities and attractions. The hotel's substantial size and prime location make it an ideal candidate for continued growth and profitability within the hospitality market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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